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Endeavour Silver Corp. Message Board

  • quailrunrd quailrunrd Apr 15, 2013 5:57 PM Flag

    It's not over...til it's over.

    We've witnessed an amazing crash in PM prices. Just when will this decline see a bottom. Hard to tell when so many common folks without much knowledge about what fundamentally drives PM prices jumped into the market via SLV and GLD. Seeing declines in the metals across the board, one can easily anticipate those ETF investors throwing up their hands and saying, "enough is enough". With those ETF experiencing accelerated sell orders and then forced to liquidate their metal holdings to cash out share holders, I become very discouraged regarding how far this drop in silver could go. Couple ETF selling with margin calls, one can only wait and hold their breath.

    Or...one could start buying at these low prices. Or......one could sell some of their PM investments due to fear of further declines. But just remember! Fear and greed are the worst 2 emotions to base your investment decisions. But then again selling now to possibly buy back at lower levels makes sense. Who the heckfire knows what to do? I'm really having a bad day. LOL

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